CTA-2





(Aircraft Lease MSN 42000181)



(b) promptly after Lessor has disbursed the funds pursuant to the pay proceeds
letter, (i) confirmation by Aviation Counsel that the filing of the Lease, and
each of the other documents referenced in Section 2 above has been made (and
the filing information is reported to Lessor telephonically or
electronically); and (ii) a priority search certificate from the International
Registry addressed to Lessor evidencing that all of the Required Registrations
have been duly registered and are searchable.